Bloomberg says that French Wine Investors See Virginia as a Climate-Safe Napa
Max Morales
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Really interesting article written by wine critic Elin McCoy that was published on September 5th, 2024 that can be read here: https://www.bloomberg.com/news/newsletters/2024-09-05/french-wine-investors-see-virginia-as-a-next-napa
On this matter, in AndesWines.com we interviewed Janine Aquino , a seasoned winery consultant and winery real estate agent at Aquino Baron Consulting, to gain insight into why Virginia has caught the attention of such prestigious international investors.
According to Aquino, years of dedication by local wine families are finally paying off, as Virginia’s wine industry reaches a tipping point. Many of these families, ready to upscale their operations or cash in on their success, are selling to interested investors.
“Virginia is becoming the golden land for French investors in particular” Aquino explains, echoing sentiments shared at Jancis Robinson MW’s website. She points to the strategic advantages, prime terroirs, a temperate climate and land that offers significantly more value than regions like California.
Despite its rapid growth, Virginia’s wines remain largely under the radar outside the region. The local market consumes the majority of the state’s production, but as more high-profile investors like the Bouygues family get involved, Virginia is poised to gain the national and international recognition it deserves.
For now, Virginia remains a “hidden gem” but with major players like Chateau Montrose betting on its future, it may not stay hidden for long.
Interested to buy Wineries in Virginia?
Check the current Listing of Wineries for Sale: https://www.aquinobaron.com/farms-and-wineries-for-sale/
Contact Janine Aquino.
+(1) 614-562-4900
Licensed Winery Real Estate Agent | Agritourism, Winery Consulting Expert
2 个月Virginia is next Napa! Buy now before prices greatly increase.